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How to Apply for A Single-digit Interest rate: Niger Delta Rice Farmers – In fact, this is how Niger Delta Farmers Attract Low Interest rates. This is a special offer for the Niger Deltans. The simple question is, are your from Niger Delta of Nigeria?  And, are you a rice farmer? These are the two questions that qualify you for this special loan attention.

Furthermore, in this article are special details of this special package.  Here also are the guidelines and procedures for applying for this loan. You will also get information on the eligibility criteria. If all of these information are needed by you, then read on.  Please, as you read on, there are special highlights to click for necessary follow up, please, comply.

Niger Delta “Kwenu”!

To get it right, Niger Delta Farmers to urge single digit CBN loan – Therefore, the financial institution of Nigeria (CBN) has introduced a single-digit rate of interest on loans to rice farmers in Niger Delta. This is aimed toward developing the region through its agricultural potential.

The Interest Rate Defined:

As a matter of fact, single-digit loan has an rate of interest between 0-9 percent once a year . It’s a special, low-interest rate. Such commercial loan that creates it possible for borrowers to pay a maximum of 0.75 percent rate of interest monthly . While interest rates on typical bank loans are usually up to 23 percent once a year (yearly). A single-digit loans make it possible for banks to lend at a really low-interest rate.

Furthermore, a statement issued by the apex bank indicated that the loan would tend to the farmers for five years. Adding that cassava, rice, feather palm and cocoa farming were seen as a comparative advantage in 2018.

How to Apply for A Single-digit Interest rate: Niger Delta Rice Farmers

Loan in Nigeria for Niger Delta Farmers to urge single digit CBN loan. During a gathering with the Minister of Niger Delta Affairs, Godswil Akpabio. And representatives of the financial institution in Abuja. CBN Governor, Godwin Emefiele expressed his support for livestock and fishery production within the region.

Business Development Questions and answers:

By experience, we know that good business men and women, farmers who wants to expand their business. And upcoming ones pause here to reason along with these questions. Many others ignore this to their detriment. Please, can you answer these?

  • Are you a business person who wants to expand?
  • Are you a farmer who also wants to increase output and yield?
  • Do you need a business development expert’s help?
  • Do you need to plan your business with a well-structured business plan with feasibility analysis?
  • Does it occur to you that we can be of great help to you?

Please, make efforts to contact us for these needs. We have helped so many like you before and currently. We also offer guides on how to get CBN-BOI-NRSAL MFB loans.

Guaranteed market value for your produce:

As a matter of fact, the representative of the CBN Governor at the meeting was Anthony Ifechukwu. He assured participating farmers of a guaranteed market value for his or her produce. In fact, Ifechukwu advised eligible farmers willing to participate within the scheme to acquire quality seedlings. This could be from reputable companies. And plant their crops in clusters, adding that CBN will do index insurance for participating farmers.

Furthermore, rice farming in Nigeria, Niger Delta Farmers to urge single digit CBN loan.   Speaking on the agricultural prospect, Akpabio was represented by Permanent Secretary at the ministry, Adesola Olusade. He said the main target was ashore acquisition for the agricultural project. And this is able to be wiped out partnership with the governors of the nine states within the region.

Eligibility Criteria @ How to Apply for A Single-digit Interest rate: Niger Delta Rice Farmers:

As a reminder for eligibility, there are nine oil-producing states in Nigeria that constitute the Niger Delta region. The Niger Delta states are: Rivers, Abia, Akwa Ibom, and  Bayelsa. Others are;  Ondo, Cross River, Delta, Edo, and Imo. In fact, quite 40 percent of the residents engage in peasant agricultural practices to earn a living.

How to Apply for A Single-digit Interest rate: Niger Delta Rice Farmers

The Opportunity to grab:

Do you think this is a joke? Please, Niger Delta farmers should grab this opportunity with two hands. We can help you with business idea. And then, we can structure a profitable business model for you. We can also help you innovate an existing business, product or service. Just make a move now. Check out how to go about it on any of the topics below. We can help.

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How to Apply for A Single-digit Interest rate: Niger Delta Rice Farmers

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